Silver Prices

Silver Prices This Year Fell 20% – Here's Why

silver prices this year

Silver prices this year fell 20%, making 2014 the second straight year of declines for the white metal.

After closing 2013 at $19.565 an ounce, the spot silver price bounced between $18.50 and $22 for most of the year. Then it crashed through key support levels in September. Silver prices then began a descent to four-year lows.

Here's exactly why silver prices finished 2014 at $15.685, and a look at where they're headed in 2015...

Gold and Silver Prices in 2015

gold and silver prices

Precious metals haven't grabbed dramatic headlines like oil and gas have.

But the story is no less exiting. And the metals remain a fundamentally critical part of the global economic and strategic landscape.

Indeed, gold and silver took roller coaster-like rides throughout the year, both screeching towards their respective price lows before bouncing, albeit cautiously, ahead.

With the benefit of hindsight and the value of foresight, it's time to look at how gold and silver acted in 2014, and what we can do to profit in 2015.

Let's start with the yellow metal...

Silver Coin Sales Break Record for Second Straight Year

silver coin sales

For the second consecutive year, the U.S. Mint has logged record silver coin sales for the American Silver Eagles.

Sales of the popular .999 one-ounce silver coins totaled 495,000 on Monday, taking the 2014 sales tally to a record 42,854,000. That whopping figure handily beat the 2013 record of 42,675,000 silver coins.

Here's what's behind the robust silver coin sales, plus a look ahead at 2015...

How to Buy Silver Without the 35% Dealer Premium

how to buy silver

Silver coin sales are at near-record highs, but premiums are soaring. American Silver Eagles are selling at $22 on eBay - a 35% premium over the spot silver price.

Many investors have taken refuge from higher premiums in silver ETFs - but not all silver ETFs are created equal.

Here's how to buy silver - and skip the hefty dealer premium - with an ETF that offers many advantages over other silver ETFs...

© 2015 Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201, Email: customerservice@MoneyMorning.com